NOT LISTED FOR SALE

724 Convertible Ln Fallbrook, CA 92028

Estimated Value: $850,000 - $1,005,000

4 Beds
3 Baths
2,312 Sq Ft
$400/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $850,000 $368 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,535/month

115 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Maid or Guest Quarters
  • Cooling Available
  • Panoramic View
  • No HOA
  • Laundry Room

About This Home

As of April 2022

Don't miss out! Just in time for the holidays! Celebrate with family and friends in your new spacious home. Two Properties on a half acre lot. Country living with opportunity for additional income by renting out the second home. Plenty of room for your RV, and toys. Brand new solar powering both homes. Second home includes 1BR, a bonus & 1 BA. Nestled in the heart of Fallbrook just minutes away from downtown and the I-15.

Last Agent to Sell the Property

Jose Fonseca

Re/Max Connections License #01745450 Listed on: 10/26/2021

Re/Max Connections

Last Buyer's Agent

Patricia Kindig

Network Alliance Real Estate License #01290054

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.5 Acre Lot
  • Rural Setting
  • Sprinkler System
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:SINGLE

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Neighborhood

Interior Spaces

  • 2,312 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Converted Bedroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 1050922700

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0.5 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1050922700
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2312.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Levels: One
  • Price Per Square Foot: 367.65
  • Room Type: All Bedrooms Down, Converted Bedroom, Guest/Maid's Quarters

Exterior Features

  • View: Mountain(s), Neighborhood, Panoramic, Trees/Woods
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: No
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Biking

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.5000 Acres
  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Feb 28, 2022
Sold by
Joel Gonzalez Aaron
Bought by
Sanchez Angel Roberto Ordo and Lopez Melisa A
Seller's Agent
Jose Fonseca
Re/Max Connections
Buyer's Agent
Patricia Kindig
Network Alliance Real Estate
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$923,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,794
Avg. Annual Appreciation
2.20%
Original Mortgage
$834,604
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Listed on
May 6, 2020
Closed on
Aug 5, 2020
Sold by
Gonzalez Celia
Bought by
Francisco Domingo Gonzalez
Seller's Agent
Steve Ploetz
Realty ONE Group Pacific
List Price
$624,999
Sold Price
$585,000
Premium/Discount to List
-$39,999
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.58%

Purchase Details

Closed on
May 22, 2020
Sold by
Ziegler Jeffrey L
Bought by
Gonzalez Aaron Joel and Gonzalez Francisco Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2018
Closed on
Jan 2, 2019
Sold by
Merten Sven M
Bought by
Ziegler Jeffrey L
Seller's Agent
Marla Cruickshank
UpCountri Homes & Estates
Buyer's Agent
Alexa Devaney
The Oppenheim Group
List Price
$520,000
Sold Price
$505,000
Premium/Discount to List
-$15,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$378,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2006
Sold by
Merten Sven M
Bought by
Merten Sven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Baker Robert A and Baker Angela C
Bought by
Merten Sven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.78%

Purchase Details

Closed on
Feb 24, 2003
Sold by
Momiyama Heike
Bought by
Mertin Sven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.78%

Purchase Details

Closed on
Apr 4, 2000
Sold by
Beck Lawrence M and Beck Laura A
Bought by
Baker Robert A and Baker Angela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,578
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1997
Sold by
Beck Bruce M
Bought by
Beck Lawrence M

Purchase Details

Closed on
Jul 10, 1989

Purchase Details

Closed on
Dec 23, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanchez Angel Roberto Ordo $850,000 Corinthian Title
Francisco Domingo Gonzalez -- Lawyers Title Company
Gonzalez Aaron Joel $585,000 Lawyers Title Company
Ziegler Jeffrey L $505,000 Ticor Title San Diego Branch
Merten Sven M -- Fidelity National Title Co
Merten Sven M $335,000 First American Title
Mertin Sven M -- First American Title
Baker Robert A $214,000 First American Title
Beck Lawrence M -- --
-- $134,800 --
-- $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Angel Roberto Ordo $834,604
Previous Owner Gonzalez Aaron Joel $555,750
Previous Owner Ziegler Jeffrey L $378,750
Previous Owner Merten Sven M $375,000
Previous Owner Merten Sven M $268,000
Previous Owner Baker Robert A $212,578
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2022 04/18/22 Sold $850,000 0.0% $368 / Sq Ft
02/22/2022 02/22/22 Price Changed $850,000 0.0% $368 / Sq Ft
02/22/2022 02/22/22 For Sale $850,000 0.0% $368 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
01/31/2022 01/31/22 Price Changed $850,000 -4.0% $368 / Sq Ft
12/07/2021 12/07/21 Price Changed $885,000 -1.1% $383 / Sq Ft
10/26/2021 10/26/21 For Sale $895,000 +53.0% $387 / Sq Ft
08/06/2020 08/06/20 Sold $585,000 -6.4% $253 / Sq Ft View Prior Sale
08/01/2020 08/01/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $624,999 +23.8% $270 / Sq Ft
01/29/2019 01/29/19 Sold $505,000 -2.9% $218 / Sq Ft View Prior Sale
12/31/2018 12/31/18 Pending -- -- --
12/12/2018 12/12/18 For Sale $520,000 -- $225 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,490 $902,026 $583,664 $318,362
2024 $9,490 $884,340 $572,220 $312,120
2023 $8,624 $813,000 $526,000 $287,000
2022 $6,468 $585,000 $240,000 $345,000
2021 $6,250 $585,000 $240,000 $345,000
2020 $5,607 $515,099 $192,200 $322,899
2019 $4,739 $434,922 $162,284 $272,638
2018 $4,667 $426,395 $159,102 $267,293
2017 $4,575 $418,035 $155,983 $262,052
2016 $4,030 $370,000 $137,000 $233,000
2015 $3,919 $360,000 $134,000 $226,000
2014 $3,651 $335,000 $125,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2111930

California Regional Multiple Listing Service (CRMLS)

APN: 105-092-27

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